Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger Sells 3,856 Shares

Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger sold 3,856 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $5.01, for a total value of $19,318.56. Following the sale, the chief financial officer now owns 254,658 shares of the company’s stock, valued at $1,275,836.58. This trade represents a 1.49 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Full House Resorts Stock Performance

Shares of FLL stock opened at $4.83 on Wednesday. The stock has a fifty day moving average price of $4.95 and a 200 day moving average price of $5.02. The company has a debt-to-equity ratio of 9.04, a quick ratio of 0.83 and a current ratio of 0.87. The stock has a market cap of $171.95 million, a PE ratio of -4.09 and a beta of 1.99. Full House Resorts, Inc. has a 1 year low of $4.42 and a 1 year high of $5.98.

Wall Street Analyst Weigh In

A number of equities analysts have commented on FLL shares. JMP Securities cut their price objective on shares of Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a research report on Thursday, November 7th. B. Riley decreased their price target on Full House Resorts from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Finally, Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a research report on Wednesday, September 4th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $6.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FLL. Price T Rowe Associates Inc. MD purchased a new position in shares of Full House Resorts during the 1st quarter worth approximately $57,000. Bank of New York Mellon Corp increased its position in Full House Resorts by 13.2% during the second quarter. Bank of New York Mellon Corp now owns 96,749 shares of the company’s stock worth $484,000 after buying an additional 11,288 shares in the last quarter. Panagora Asset Management Inc. raised its holdings in shares of Full House Resorts by 107.6% in the second quarter. Panagora Asset Management Inc. now owns 36,855 shares of the company’s stock worth $184,000 after acquiring an additional 19,101 shares during the last quarter. Rhumbline Advisers lifted its position in shares of Full House Resorts by 14.6% in the second quarter. Rhumbline Advisers now owns 59,333 shares of the company’s stock valued at $297,000 after acquiring an additional 7,551 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Full House Resorts by 9.4% in the second quarter. Dimensional Fund Advisors LP now owns 230,017 shares of the company’s stock valued at $1,150,000 after acquiring an additional 19,802 shares in the last quarter. Institutional investors and hedge funds own 37.68% of the company’s stock.

Full House Resorts Company Profile

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.